Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[tarmi]

The price manipulators and launderers need to find a new exchange.

nah, more like - new blockchain.

too many eyes are on bitcoin.

[Ivanhoe]

http://sourceforge.net/projects/bitcoin/files/stats/map?dates=2013-12-03+to+2013-12-06
vs
http://sourceforge.net/projects/bitcoin/files/stats/map?dates=2013-12-03+to+2013-12-09

Hmmmm.... there's no such thing as bad publicity it seems...

Indeed, read my article. People in China know what is really going on over there.

[Vigil]

There are basically just enough bulls to keep this price steady.

There are basically just enough bears to keep this price steady, mutatis mutandis.
A thousand coins offered at 900 on stamp is the real reason for the price stagnation.
This is the wall observer thread, after all.  If the wall holds we go down.  If the wall falls we go up.
Question is, what will the wall do, and why?

Not mutatis mutandis. Value needs to be justified, worthlessness does not. Price naturally wants to go to zero. You don't need bears for the price to decline but you need bulls for it to increase. There is a reason we call it "price support" - it is because higher valuations need to be supported by buyers. Lower valuations are the default.

[dasein]

The price manipulators and launderers need to find a new exchange.

nah, more like - new blockchain.

too many eyes are on bitcoin.

[Richy_T]

Now boarding....

Hurry up and get one.

[tarmi]

The price manipulators and launderers need to find a new exchange.

nah, more like - new blockchain.

too many eyes are on bitcoin.

the only problem with cash laundering is that it costs too much.

[Davyd05]

well I thought we'd see the dip or jump by 4pm est so Imma go kill the time putting more xmas lights up.. does it never end.

Here's to the future

[wilfried]

http://siliconangle.com/blog/2013/12/08/bitcoin-china-meaning/ I'll just leave this here.

Not relevant. The ban had nothing to do with the price drop. BTCChina's new ID verification requirements, on the other hand, have everything to do with the drop.

The price manipulators and launderers need to find a new exchange.

i think so too, but on the other hand, they want a passport code entered and i dont think they have the means to check if its ok, so one could enter any passport id, ie an idea that follows the scheme of passport - id´s from  a certain country.

i wonder if chinese authorities check those id´s entered at btcchina upon arrival at a chinese border..

[crazy_rabbit]

Price bumping around a lot, but with volume that makes it more or less meaningless as an indicator. The pro's seem to be on the sidelines.

[adamstgBit]

Price bumping around a lot, but with volume that makes it more or less meaningless as an indicator. The pro's seem to be on the sidelines.

how many coin were sold in the last 5 seconds?

[ag@th0s]

Sent 15 BTC to a paper wallet so I won't do anything stupid.  Sold 5 @ $892 because I missed the big drop but opinion persuaded me that we're probably not going to tha moon this year.  Sold 5BTC at 1100 a while back and bought metal - so that's my principal dealt with, everything else is gravy.  I'm the shittest trader you've ever met, but I'm already playing with free money.  I love Bitcoin.

[MickeyT2008]

Now boarding....

Hurry up and get one.

As King George V is supposed to have said on hid deathbed, "Bugger Bognor!".  Having been there I can understand that

[crazy_rabbit]

Price bumping around a lot, but with volume that makes it more or less meaningless as an indicator. The pro's seem to be on the sidelines.

how many coin were sold in the last 5 seconds?

a couple hundred maybe?

[Richy_T]

Now boarding....

Hurry up and get one.

As King George V is supposed to have said on hid deathbed, "Bugger Bognor!".  Having been there I can understand that

Having had a few associations with it myself, I quite agree.

[adamstgBit]

Price bumping around a lot, but with volume that makes it more or less meaningless as an indicator. The pro's seem to be on the sidelines.

how many coin were sold in the last 5 seconds?

a couple hundred maybe?

 

[eric345]

In Keizer I trust.

https://twitter.com/maxkeiser/status/409982499821850624

Man F that guy, for real

I don't think he gives a solitary fuck about any part of Bitcoin besides the price.

I don't think he gives a solitary fuck about ANYTHING besides himself... I don't like these type of guys like him.

Apparently he got a lot of people into gold and silver just before the bubble popped.

I can't agree with that.
http://www.youtube.com/watch?v=rIP4YGXo8Nk&feature=player_detailpage#t=1041

17:20 They explain that they're promoting gold&silver against inflation and, initially, bitcoin as a hedge against gold&silver manipulation.

[ChartBuddy]

[JimboToronto]

opinion persuaded me that we're probably not going to tha moon this year.

Yep gotta trust opinion, especially on a public forum seemingly dominated by low-activity noobs wistfully dreaming of ridiculously cheap coins because they missed earlier opportunities.

 

[tarmi]

In Keizer I trust.

https://twitter.com/maxkeiser/status/409982499821850624

Man F that guy, for real

I don't think he gives a solitary fuck about any part of Bitcoin besides the price.

I don't think he gives a solitary fuck about ANYTHING besides himself... I don't like these type of guys like him.

Apparently he got a lot of people into gold and silver just before the bubble popped.

I can't agree with that.
http://www.youtube.com/watch?v=rIP4YGXo8Nk&feature=player_detailpage#t=1041

17:20 They explain that they're promoting gold&silver against inflation, and bitcoin as a hedge against gold&silver manipulation.

Maybe I 'm wrong but wasn't he still shouting buy silver at $50 in 2011 pretending it was going to $300? 2 years after silver is at less than $20. And his Quarkoin call? Seriously...

the worst pump-and-dumper ever.

[crazy_rabbit]

Price bumping around a lot, but with volume that makes it more or less meaningless as an indicator. The pro's seem to be on the sidelines.

how many coin were sold in the last 5 seconds?

a couple hundred maybe?

 

Wait- is that one of those mBTC adjusted charts?